butler township: Adams Township - Market Update - up to $199,999 - 07/06/10 09:46 AM
Absorption Rate drops to "2 months of inventory"
The absorption rate is what I like to look at to really get a feel for what is going on in the market.  What is the absorption rate? The absorption rate is the rate that the current inventory gets absorbed (or sold) in a given month. A small number tells me that more homes are being sold than going on the market. A larger number tells me that more homes are coming on the market than being sold.
What is happening in Adams Township? Well, it appears that homes under $200,000 are … (0 comments)

butler township: Cranberry Twp - Market update for Homes priced $200,000 to $399,999 - 06/21/10 08:41 AM
Cranberry Township - Market Update for homes priced $200,000 to $399,999
                                                                                  December 2009 - May 2010
Looking at the market statistics in the $200,000-$400,000 price range, I believe it is a great price range to be in if you are a seller and you are looking to sell your home!
Here are some current statistics to show you why:
The median sale price in this price range for the month of May was $280,000 The "days on the market" for the past 6 months has ranged from 64 to 105. (April averaged 64 days on the market before the … (0 comments)

butler township: Cranberry Townhship - Now is the time to sell! - 06/21/10 03:52 AM
Cranberry Township .... if you have been thinking of moving,                            now is a great time to sell!
I was working on housing market statistics and found the following information interesting so I thought I would share it!
In Cranberry Township between the periods of Dec 2009 through the end of May 2010 - for homes under $200,000:
The average days on the market ranged from 53 to 101 The average sold to list price ranged from 92% to 97% (92% was in January) The average active "for sale" price is up 2% over the last 6 months The average "sold price" was up … (1 comments)

 
Barb Averell, I strive to be a trusted real estate adviser (ReMax Real Estate Solutions)

Barb Averell

I strive to be a trusted real estate adviser

Pittsburgh, PA

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ReMax Real Estate Solutions

Address: 125 Hillvue Ln, Suite 100, Pittsburgh, PA, 15237

Office: 412-536-5258

Mobile: (412) 377-4700

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